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Bernanke pre-empted by Dudley: Will he throw it back into Congress' lap?
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*Google's tax affairs in spotlight in Britain. LONDON, May 22- Google Inc's tax affairs came under renewed scrutiny in Britain on Wednesday when the leader of the opposition Labour party accused the Internet company of wrongly going to "extraordinary lengths" to avoid paying tax.
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eBay rose$. 48 or. 9 percent, to $55.43. Yahoo rose$. 06 or. 2 percent, to $27.06. Zynga Inc. rose$. 06 or 1.6 percent, to $3.51.
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Bernanke pre-empted by Dudley: Will he throw it back into Congress' lap?
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*Google's tax affairs in spotlight in Britain. LONDON, May 22- Google Inc's tax affairs came under renewed scrutiny in Britain on Wednesday when the leader of the opposition Labour party accused the Internet company of wrongly going to "extraordinary lengths" to avoid paying tax.
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Microsoft unveiled its long-anticipated next generation console Xbox One on Tuesday, but it was its inclusion of live TV, rather than its gaming capabilities that set tongues wagging.
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DUBLIN, May 22- Ireland called on Wednesday for an international clampdown on multinationals shifting profits around the world to avoid tax, after criticism that Irish loopholes helped technology giant Apple to shrink its tax bill.
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BRUSSELS, May 22- European leaders will discuss how to combat aggressive tax avoidance by major companies such as Amazon, Google and Apple at a summit on Wednesday, and cut the estimated 1 trillion euros a year the EU loses to tax evasion or avoidance.
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SEOUL/ BEIJING- North Korea sent one of its top military officials as a "special envoy" from its leader Kim Jong- un to Beijing on Wednesday, accompanied by a high-powered delegation in what appeared to be a bid to mend frayed relations with its most important ally.
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Even as Apple faced a grilling from lawmakers over its tax avoidance schemes, two more companies revealed they would move jurisdictions to lighten their tax burden.
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The world's largest hedge funds have bolstered their equity holding so far this year, adding more to Boeing than any other stock, according to research firm FactSet.
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Martin Schulz, president of the European parliament, has warned that revelations of tax evasion by major companies were leading to a loss of trust among the European public.
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BRUSSELS/ PARIS, May 21- Growing concern in European capitals about aggressive tax avoidance by high-profile corporations such as Amazon, Google and Apple looks set to steal the agenda of a European Union summit in Brussels on Wednesday.
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eBay fell $1.00 or 1.8 percent, to $54.95. Google fell $1.56 or. 2 percent, to $906.97. Groupon Inc. rose$. 16 or 2.3 percent, to $7.14.
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We can thank the app economy for a boom in cyberattacks aimed at mobile devices, security experts said Tuesday.
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Yahoo's acquisition of Tumblr was the biggest venture-backed exit of a New York-based company in the state's history.
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REDMOND, Wash., May 21- Microsoft Corp gave the world a first look at its new Xbox One on Tuesday, announcing that its first gaming console in eight years will come with exclusive video and software content, including a "Halo" series produced by Steven Spielberg.
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Americans are not fans of their cable TV service or their cell phone service. But they really hate their Internet service provider.
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REDMOND, Wash., May 21- Microsoft Corp gave the world the first look at its new game console on Tuesday, hoping the newly named Xbox One will build on a solid core of gamer fans and become a hub for living room entertainment.
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eBay fell$. 70 or 1.3 percent, to $55.25. Google fell $6.22 or. 7 percent, to $902.31. Groupon Inc. rose$. 27 or 3.9 percent, to $7.25.
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Apple tax head Phillip Bullock told the Senate Permanent Subcommittee on Investigations on Tuesday that one of those companies, Apple Operations International, though it was functionally managed in the United States, had not submitted a tax return anywhere for five years.